LOUDER "18"

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38745District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$17.0 M
Feb 2008 – May 2026
Value, last 12 filed months
$446 k
at the published price for each month
Months reported
220
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition227,336 bbl$15,791,605
Casinghead gasProduction330,517 Mcf$1,178,775
Total$16,970,380

Wells on this lease (4)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.3397, -101.9371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.33966, -101.93689 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
11,015 ft
4 wells filed one
Completion to plug
15.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 9,983 and 11,713 ft, median 11,015 ft, over the 4 wells that filed a depth.

Completions filed
Feb 2008 – Jan 2014
4 of 4 wells
Plug dates filed
Oct 2023
1 of 4 wells; 3 filed none

Last completion to plug: a median of 15.7 years across the 1 well that filed both dates, with the middle half between 15.7 years and 15.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-31738793411,089 ftJan 2014
42-31738520311,713 ftJul 2013
42-31737326210,941 ftJul 2012
42-3173509019,983 ftFeb 2008Oct 2023Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (220)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

220 months

May 2026894568106.413.05$96,861
Apr 202624221898.932.87$24,567
Mar 2026124089.753.15$11,129
Feb 202612231663.503.75$8,932
Jan 202662537259.138.00$39,931
Dec 20251,4061,19656.664.41$84,942
Nov 202534193758.593.93$23,658
Oct 202567760359.383.30$42,193
Sep 202555668762.743.08$36,997
Aug 202521176563.933.01$15,796
Jul 202535636766.743.32$24,976
Jun 202552234566.483.13$35,782
May 20251757160.553.23$10,826
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250370.884.34$13
Jan 202501974.324.28$81
Dec 202401668.993.12$50
Nov 202423910269.052.20$16,727
Oct 202421012571.372.28$15,273
Sep 202424225069.612.36$17,437
Aug 202427529975.632.06$21,415
Jul 202424731979.932.15$20,427
Jun 202432622078.082.63$26,034
May 202423128278.812.20$18,825
Apr 202435220884.451.66$30,072
Mar 202454119080.301.55$43,736
Feb 202441731976.091.78$32,299
Jan 202428729973.023.30$21,943
Dec 202387797871.262.61$65,048
Nov 202308277.892.81$230
Oct 20230085.443.09$0
Sep 202326089.042.74$2,315
Aug 202362832380.522.67$51,430
Jul 202318178474.852.64$15,619
Jun 202357538968.962.26$40,531
May 202378535270.622.23$56,221
Apr 20238433178.122.24$7,303
Mar 202353345172.852.39$39,908
Feb 202334046075.112.47$26,672
Jan 202378872176.533.39$62,748
Dec 20225191,05476.415.73$45,695
Nov 20226841,04085.005.65$64,012
Oct 202252267587.185.86$49,466
Sep 202234726084.888.16$31,576
Aug 202250342394.529.13$51,404
Jul 2022834569101.587.54$89,009
Jun 2022164588115.097.98$23,565
May 20224321,186109.378.43$57,249
Apr 2022446509104.226.84$49,962
Mar 2022511939108.885.08$60,404
Feb 202251274191.054.86$50,218
Jan 202268892381.844.54$60,494
Dec 20219391,17871.323.90$71,563
Nov 202142295177.435.24$37,656
Oct 20215111,16379.795.71$47,418
Sep 20216341,60569.865.35$52,879
Aug 20214941,64166.024.22$39,540
Jul 20214771,76770.783.98$40,798
Jun 20213261,13569.493.38$26,491
May 20216081,25163.483.02$42,371
Apr 20214491,13760.362.76$30,238
Mar 20215431,40561.302.72$37,103
Feb 202132195257.805.55$23,835
Jan 20217801,59850.412.81$43,811
Dec 20206161,42244.642.68$31,303
Nov 20207821,34138.772.71$33,948
Oct 20206091,39736.972.48$25,977
Sep 20207641,57737.091.99$31,477
Aug 20206901,66239.982.39$31,550
Jul 202030687438.371.83$13,336
Jun 20203181,18734.901.69$13,105
May 20205121,22716.921.81$10,890
Apr 20207101,53714.751.80$13,246
Mar 20209111,33730.341.86$30,122
Feb 20209551,27149.881.98$50,153
Jan 20208051,20357.252.09$48,606
Dec 20191,3861,68559.012.30$85,671
Nov 20197041,03455.302.75$41,775
Oct 20191,35583953.472.42$74,481
Sep 20191,77039055.052.66$98,475
Aug 201969429253.112.30$37,531
Jul 20191,02166556.272.46$59,088
Jun 20191,2281,59352.782.49$68,782
May 20191,1762,33458.482.74$75,168
Apr 20191,3461,66162.632.75$88,869
Mar 20191,1221,10756.803.06$67,119
Feb 20191,6391,48350.852.79$87,484
Jan 201915338146.033.23$8,273
Dec 201899946646.594.19$48,494
Nov 20181,35124052.934.24$72,525
Oct 20181,24625661.443.40$77,424
Sep 20181,2441,17959.543.11$77,732
Aug 20181,3801,98159.403.07$88,047
Jul 20181,5642,05665.142.93$107,907
Jun 20181,2771,72960.183.08$82,170
May 20181,5291,43265.382.90$104,120
Apr 20181,5431,99163.842.90$104,281
Mar 20181,3361,81561.222.79$86,848
Feb 20181,3891,69661.782.77$90,504
Jan 20181,4011,85762.874.01$95,526
Dec 20171,3351,85857.272.92$81,884
Nov 20171,5382,08655.423.12$91,741
Oct 20171,4141,96449.292.98$75,556
Sep 20171,5911,69647.523.09$80,840
Aug 20171,4552,31145.373.00$72,957
Jul 20171,4672,16043.873.09$71,026
Jun 20171,5112,25342.493.09$71,158
May 20171,6692,25545.373.26$83,082
Apr 20171,4022,29547.933.21$74,568
Mar 20171,2772,23446.772.98$66,391
Feb 20171,1391,36750.452.95$61,499
Jan 20171,2412,97149.413.42$71,475
Dec 20161,1512,53448.763.72$65,556
Nov 20161,1103,31142.492.64$55,919
Oct 20161,7223,53046.193.09$90,448
Sep 20161,2713,59241.553.10$63,948
Aug 20161,5743,91441.442.92$76,672
Jul 20161,7123,40441.622.92$81,208
Jun 20161,3963,81345.352.69$73,550
May 20161,9963,70842.521.99$92,253
Apr 20161,9893,72336.561.99$80,130
Mar 20162,2343,77333.011.79$80,513
Feb 20161,7353,75626.472.06$53,676
Jan 20161,8323,44127.352.36$58,241
Dec 20152,0093,61132.362.00$72,238
Nov 20152,1443,95038.792.17$91,727
Oct 20151,9714,64943.552.43$97,118
Sep 20152,1294,61042.992.76$104,242
Aug 20152,2645,10640.162.87$105,589
Jul 20152,5344,76648.152.95$136,048
Jun 20152,2325,36956.152.88$140,805
May 20151,9506,33655.212.96$126,385
Apr 20152,1125,01549.822.71$118,793
Mar 20153,2395,89342.892.93$156,215
Feb 20152,2305,07944.662.98$114,708
Jan 20152,2633,90143.433.10$110,378
Dec 20142,3475,35754.693.59$147,596
Nov 20143,1426,67370.464.25$249,758
Oct 20142,5036,83878.303.90$222,660
Sep 20142,9288,16686.164.05$285,312
Aug 20142,9698,67389.394.04$300,396
Jul 20143,3158,80396.564.18$356,889
Jun 20143,2026,73398.164.74$346,202
May 20143,8657,48694.734.73$401,514
Apr 20143,7155,14795.944.81$381,170
Mar 20143,1684,79795.895.06$328,037
Feb 20142,4884,25597.406.19$268,678
Jan 20142,9703,83490.404.86$287,124
Dec 20132,6383,07091.824.35$255,589
Nov 20132,0682,70488.853.74$193,850
Oct 20133,5772,99397.423.78$359,783
Sep 20133,1161,012104.113.72$328,169
Aug 20133,6161,857104.253.52$383,509
Jul 20132,198607102.523.72$227,596
Jun 20131,11834094.403.93$106,877
May 20132,18915494.834.15$208,222
Apr 20131,61813993.964.28$152,623
Mar 20133,56215193.623.91$334,065
Feb 20133,09114491.233.42$282,484
Jan 20133,23518691.603.42$296,962
Dec 20123,86220386.773.42$335,800
Nov 20121,5051,70286.953.62$137,029
Oct 20122,0711,77089.383.40$191,123
Sep 20121,7452,07894.672.92$171,264
Aug 20121,4051,94192.662.91$135,832
Jul 201227225985.133.02$23,938
Jun 201217923079.822.52$14,867
May 201220620391.612.49$19,377
Apr 2012263251101.652.00$27,235
Mar 2012242269105.052.22$26,020
Feb 2012226285101.102.57$23,581
Jan 201221330298.092.73$21,719
Dec 201128830796.873.24$28,893
Nov 201125228695.723.31$25,068
Oct 201136428184.983.65$31,958
Sep 201120932683.623.99$18,776
Aug 201120526783.404.15$18,205
Jul 201124834294.144.52$24,892
Jun 201125433192.904.64$25,132
May 201117629098.134.40$18,548
Apr 2011265260105.964.33$29,206
Mar 201122627296.364.06$22,881
Feb 201121924885.644.18$19,792
Jan 201127930386.504.59$25,524
Dec 201034929485.734.35$31,198
Nov 201052029980.843.80$43,172
Oct 201017834378.103.51$15,105
Sep 201020933172.633.98$16,497
Aug 201026035973.684.42$20,743
Jul 201030633972.554.74$23,806
Jun 201042635570.364.91$31,717
May 201025637971.124.24$19,812
Apr 201054538081.694.12$46,088
Mar 201018437378.394.39$16,061
Feb 201054134673.585.44$41,690
Jan 201018238974.365.96$15,854
Dec 200918041271.445.48$15,119
Nov 200918439974.593.75$15,221
Oct 200935942172.544.11$27,772
Sep 200935343965.543.06$24,481
Aug 200971147067.423.22$49,448
Jul 2009045261.133.46$1,566
Jun 200934540866.163.90$24,414
May 200935940954.743.93$21,257
Apr 200935443146.773.59$18,103
Mar 200971242142.144.06$31,713
Feb 200936125732.814.63$13,035
Jan 200937238135.865.37$15,386
Dec 200836150237.105.98$16,394
Nov 200836648055.496.86$23,602
Oct 200837428575.246.92$30,113
Sep 2008368383101.767.88$40,465
Aug 2008368648114.228.48$47,530
Jul 2008717647131.0811.39$101,353
Jun 2008353694131.3313.03$55,404
May 2008708757123.1711.57$95,966
Apr 20081,0781,606110.3110.45$135,705
Mar 20081,8151,134101.909.66$195,908
Feb 200808192.538.77$710

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  894 bbl  × $106.41 =    $95,131
Casinghead gas       568 Mcf  × $  3.05 =     $1,730

────────────────────────────────────────────────────
Month total                                  $96,861

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/38745 is the state's own key, not one this site invented.